Press Release
Press Release
According to a new report by EMR titled, ‘The Australia Mattress Market Report and Forecast 2024-2032’, the market attained a value of nearly USD 910.00 million in 2023. The market is estimated to grow at a CAGR of 5.8% between 2024 and 2032 to reach around USD 1,511.51 million by 2032.
The Australia mattress market growth is fuelled by the increasing acknowledgement of the importance of good quality sleep and its impact on health and well-being. A mattress, designed for pressure relief, support, and comfort, is made from materials like springs, cotton, and memory foam. In Australia, rising awareness of sleep's impact on health has spiked demand for high-quality mattresses. Consumers increasingly prefer premium options that enhance comfort and support, reflecting a shift towards prioritising quality sleep.
Fig.: Australian Accommodation Breakdown, 2021
The rise in back issues and an ageing population are driving growth of the market. Increasing awareness of the benefits of orthopaedic mattresses is spurring consumer adoption across the country. These mattresses help manage chronic back pain and sleep disorders, further boosting their popularity.
The rapid growth of e-commerce in Australia offers lucrative opportunities for the market. Online platforms such as Amazon (NASDAQ: AMZN) provide timely delivery and a wide range of products and brands, driving the market expansion.
The rising popularity of latex mattresses made from natural rubber is driving the market expansion in Australia. Their sustainability, antibacterial properties, and low dust attraction are boosting their adoption nationwide.
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The major players in the Australia mattress market are The Comfort Group, Chiropedic Bedding Pty Ltd., Dusk&Dawn Pty Ltd., Sealy Posturepedic Australia, Joyce Corporation Ltd, A.H. Beard Pty Ltd., Sleeping Duck, Ecosa Group Pty. Ltd., John Cotton Australia Pty Ltd., Tempur Australia Pty Ltd., and Emma Sleep Pty. Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Distribution Channel |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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